Glens Falls Area Youth Center Inc
- Assets
- $1.5m
- Revenue
- $260.5k
- Investments
- $0.0
- Employees
- 5
- Location
- Glens Falls, NY
- Founding
- 02/1969
- Data as of
- 12/2021
- EIN
- 14-1505150
Organization Overview
Glens Falls Area Youth Center Inc is located in Glens Falls, NY. The organization was established in 1969. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Glens Falls Area Youth Center Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glens Falls Area Youth Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Glens Falls Area Youth Center Inc generated $260.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $270.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FREE RECREATION AND SERVICES TO DISADVANTAGED YOUTHS AGED 11-18, WITHOUT DISCRIMINATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CENTER OFFERRED RECREATION AND YOUTH SERVICES PROGRAMS, COUNSELING, REFERRAL SERVICES, FIELD TRIPS AND JOB PROGRAMS TO APPROXIMATELY 5,500 DISADVANTAGED YOUTHS FROM THE WARREN, WASHINGTON AND SARATOGA COUNTY REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Casola Secretary | OfficerTrustee | 2 | $0 |
Mark Griffen Vice-Preside | OfficerTrustee | 2 | $0 |
Tim Place Treasurer | OfficerTrustee | 2 | $0 |
Peter Roland President | OfficerTrustee | 5 | $0 |
Joan Durett Director | Trustee | 1 | $0 |
Debbie Hall Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,705 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $24,316 |
| All other contributions, gifts, grants, and similar amounts not included above | $233,130 |
| Noncash contributions included in lines 1a–1f | $20,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $259,151 |
| Total Program Service Revenue | $0 |
| Investment income | $1,416 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$63 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $260,504 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $133,934 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,446 |
| Payroll taxes | $11,730 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,966 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,898 |
| Advertising and promotion | $0 |
| Office expenses | $2,306 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,231 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,248 |
| Insurance | $7,502 |
| All other expenses | $472 |
| Total functional expenses | $270,352 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,493 |
| Savings and temporary cash investments | $1,003,648 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $381,597 |
| Investments—publicly traded securities | $8,710 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,473,448 |
| Accounts payable and accrued expenses | $3,084 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,084 |
| Net assets without donor restrictions | $1,386,364 |
| Net assets with donor restrictions | $84,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,473,448 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Glens Falls Area Youth Center Inc has recieved totaling $127,250.
| Awarding Organization | Amount |
|---|---|
Global Village Charitable Tr Coral Gables, FL PURPOSE: GENERAL OPERATION | $42,000 |
Rjkb Family Charitable Foundationinc Coral Gables, FL PURPOSE: GENERAL SUPPORT | $42,000 |
Dbl Foundation Inc Glens Falls, NY PURPOSE: PROGRAM SUPPORT | $22,000 |
Stewarts Foundation Saratoga Springs, NY PURPOSE: CHARITABLE | $6,000 |
Hawley Foundation For Children Saratoga Springs, NY PURPOSE: FOR THE BENEFIT OF THE NEEDIST CHILDREN WITHIN SARATOGA COUNTY | $6,000 |
Cloudslitter Foundation Saranac Lake, NY PURPOSE: GENERAL CHARITABEL | $5,000 |
Endowment Analysis
| Beg. Balance | $500,000 |
| Ending Balance | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Police Athletic League Inc New York, NY | $36,398,087 | $28,810,897 |
Manhattan Youth Recreation And Resources Inc New York, NY | $17,184,242 | $19,141,924 |
Sephardic Community Youth Center Brooklyn, NY | $72,169,796 | $17,975,881 |
Alliance Community Healthcare Inc Jersey City, NJ | $11,068,751 | $12,649,986 |
Do Something Inc New York, NY | $16,018,625 | $4,390,638 |
Colonie Youth Center Inc Latham, NY | $13,129,145 | $4,748,575 |
Squashbusters Inc Roxbury Crossing, MA | $32,066,323 | $8,675,838 |
El Puente De Williamsburg Inc Brooklyn, NY | $1,746,153 | $3,586,866 |
Boys And Girls Clubs Of Northwest New Jersey Inc Wayne, NJ | $6,341,949 | $5,450,111 |
Manhattan Soccer Club Inc New York, NY | $3,532,103 | $3,811,063 |
Vagabond Missions Pittsburgh, PA | $2,255,998 | $3,415,879 |
Compass Youth Collaborative Inc Hartford, CT | $2,453,740 | $3,584,751 |